Brisbane listings surge into late spring: Corelogic
Brisbane listings have surge in late spring to almost 21,000 current listings, according to CoreLogic.
Over the past four weeks, there were 50,128 newly advertised properties added to the market nationally which was 2.3% lower than a year ago.
However, new listings are at their highest level since late February of this year.
There were 241,438 total property listings over the past four weeks which was the highest number of total listings since the beginning of May this year.
New listings are currently lower than they were a year ago in most cities, the exceptions are Brisbane (+11.4%), Perth (+10.0%) and Canberra (+5.7%).
New listings are substantially lower over the year in Sydney, Hobart and Darwin.
Total advertised properties for sale are lower than a year ago in Sydney(-10.1%), Melbourne (-1.0%), Hobart (-33.1%) and Canberra (-16.4%) and higher elsewhere.
Brisbane (+14.0%) and Perth (+18.5%) are seeing a substantially higher number of total properties available for sale relative to last year.